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Dec 29, 2012
12/12
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through the weekend to a avoid the fiscal cliff. there are fewer than four days left for taxes to go up for all-americans. the president met with republican and democratic leaders today to discuss a time frame for the next few days. it starts with the senate leaders who are currently discussing the plan. they hope to have a deal ready for review and possible vote on monday. and then it would head to the house. the president says a deal is critical for the country. >> economists, business leaders all think we are poised to grow in 2013. as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not get it done, does not make a deal, here is how the physician physician -- the fiscal cliff could affect you. a middle class family would pay $2,000 more per year. gas prices will likely fall because people will spend less on fuel. you may see longer lines at the airports. budget cuts could leave the tsa with fewer checkpoint and retail prices may fall because d
through the weekend to a avoid the fiscal cliff. there are fewer than four days left for taxes to go up for all-americans. the president met with republican and democratic leaders today to discuss a time frame for the next few days. it starts with the senate leaders who are currently discussing the plan. they hope to have a deal ready for review and possible vote on monday. and then it would head to the house. the president says a deal is critical for the country. >> economists, business...
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Dec 8, 2012
12/12
by
KOFY
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. >>> well, t minus 24 days and counting until the fiscal cliff deadline. no progress was made in washington. the main sticking point are about tax cuts that are set to expire and the president's demand that the wealthy pay more in taxes. the uncertainty of what is going to happen is starting to have an impact on donations to charity. abc7 news reporter ama dates dates is live in the newsroom. >> it is possible the tax deduction for charitable giving could be capped next year. so the question is do you hold on to your money during the financial uncertainty or donate more while you know you will get a deduction. for one charity in san francisco it seems people are doing a little of both. the food pantry at the st. anthony foundation is in good shape today, but overall donations are down for the year. >> we are a little bit behind where we would like to be, where we are budgeted to be. >> the interim executive director says the charity is seeing interesting trends this holiday season that may have to do with the impending fiscal cliff. >> we are seeing people
. >>> well, t minus 24 days and counting until the fiscal cliff deadline. no progress was made in washington. the main sticking point are about tax cuts that are set to expire and the president's demand that the wealthy pay more in taxes. the uncertainty of what is going to happen is starting to have an impact on donations to charity. abc7 news reporter ama dates dates is live in the newsroom. >> it is possible the tax deduction for charitable giving could be capped next year. so...
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Dec 4, 2012
12/12
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KOFY
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cliff debate. president wants debt reduction that includes higher taxes on the wealthy. congressional replicans came one a counter proposal. their plan would reduce the naonal debt by 2.2 trillion including 800 biion in new tax revenue but no tax increase for the top 2% of earners. if congress and president can not reach an agreement income taxes will automatically go up for nearly all americans. >> 7 news teaming up with a job journal for another higher event. cawt have more than 350 jobs available at the free event in san jose. >> among the company hiring, hyatt regency santa clara. california army nional guard. new york life insurance an financial services as well as sleep traino what to do bring the sume to the double tree hotel in san jose from noon until 4 tomorrow. good opportunity to perhaps find the job you are looking for. >> magician from chico is recovering from severe burns to his head and face it happened while wayne was performing on television in the dominican public and thehow host
cliff debate. president wants debt reduction that includes higher taxes on the wealthy. congressional replicans came one a counter proposal. their plan would reduce the naonal debt by 2.2 trillion including 800 biion in new tax revenue but no tax increase for the top 2% of earners. if congress and president can not reach an agreement income taxes will automatically go up for nearly all americans. >> 7 news teaming up with a job journal for another higher event. cawt have more than 350...
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Nov 9, 2012
11/12
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president obama will make a major address tomorrow morning regarding the so-called fiscal cliff the country is facing. the president bush era tax cut set to expire the first of the year and defense medicare examine in line for deep cuts. yesterday president obama show add side we rarely see as he spoke with his chicago campaign staff about what they had achieved. >> i'm really proud of you and. [applause] and what you have done. >>reporter: obama campaign released that video today. >>> let's go back and talk about the weather where we started at the top and system moving around the bay area tonight. >> it's cold out there right now. sandhya is here. >> sure is. temperatures are really dropping. i have lowered the low temperatures wait until you see is what come by morning. bundle up heading out the door. we are still showing shower development right now as the cold unstable air continues to move in. we have snow still falling in the mountains north of clear lake, cobb mountain seen mixed precipitation and as we show you the north bay we are seeing some rainfall not snow right now around is
president obama will make a major address tomorrow morning regarding the so-called fiscal cliff the country is facing. the president bush era tax cut set to expire the first of the year and defense medicare examine in line for deep cuts. yesterday president obama show add side we rarely see as he spoke with his chicago campaign staff about what they had achieved. >> i'm really proud of you and. [applause] and what you have done. >>reporter: obama campaign released that video today....
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Dec 21, 2012
12/12
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nhl heading right over their own fiscal cliff. on this day 96 of the nhl lock out. league has cancelled games through january the 14th. if new collective bargaining agreement not reached some time in january, the knit wit that run the league will preside over the second lost season due to labor dispute since 2004. brighter side warriors head coach jackson at pier 30. san francisco firefighters annual holiday toy drive this afternoon. this is massive effort. more than 200,000 toys gather for some 40,000 needy kids and it is a terrific cause. >> this is what it's all about. it's about impacting livts and making a difference. i'm absolutely honored and humble to be part of this process. give these firefighters a lot of credit for what they have done. >> 100 to 200 toys to be delivered today alone we are so thankful san francisco come out and help us. this is time of the year when we really need all the help we can get for san francisco kids. >>reporter: absolutely great to sea the coach out there. 7 sports brought to you by river rock casino. by the way do you know wha
nhl heading right over their own fiscal cliff. on this day 96 of the nhl lock out. league has cancelled games through january the 14th. if new collective bargaining agreement not reached some time in january, the knit wit that run the league will preside over the second lost season due to labor dispute since 2004. brighter side warriors head coach jackson at pier 30. san francisco firefighters annual holiday toy drive this afternoon. this is massive effort. more than 200,000 toys gather for...